Federal Research and Development Funding: FY2012
Abstract
President Obama has requested $147.911 billion for research and development (R&D) in FY2012, a $772 million (0.5%) increase from the FY2010 actual R&D funding level of $147.139 billion. Congress will play a central role in defining the nation's R&D priorities, especially with respect to two overarching issues: the extent to which the federal R&D investment can grow in the context of increased pressure on discretionary spending and how available funding will be prioritized and allocated. Low or negative growth in the overall R&D investment may require movement of resources across disciplines, programs, or agencies to address priorities. As yearlong funding for FY2011 appropriations has not yet been completed, this report compares the President's FY2012 request to FY2010 appropriations. Analysis of federal R&D funding is complicated by several factors, including the Obama Administration?s omission of congressionally directed spending from the FY2012 budget request. This report will be updated as Congress acts on FY2012 appropriations bills.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 29, 2011
- Accession Number
- ADA546158
Entities
People
- John F. Sargent
Organizations
- Library of Congress